Travel venture capital funding dropped 25% in the third quarter of 2026, with AI startup rounds falling by half as investors pause amid market uncertainty.
Daytona Platforms announced a $60 million Series B round at a $1 billion valuation. The New York-based startup is building cloud infrastructure designed for long-running AI agents.
Year-old AI startup Flapping Airplanes has secured a $1 billion Series A round at a $6 billion valuation, aiming to make large model training more data efficient.
Benchmark partners say the AI boom is eroding the long-standing venture capital pact against backing rival companies, citing rapid pivots and zero marginal costs.
